Cervus Equipment Corporation
On October 22, 2009, Cervus LP was restructured and converted into a high-yield, dividend paying corporation named Cervus Equipment Corporation. Pursuant to the conversion:
- Canadian taxable shareholders should benefit from lower income taxes offered by dividends paid by Cervus Equpiment Corporation compared to taxes previously paid on Cervus LP's distributions.
- Cervus will continue to operate its existing businesses.
- Cervus LP Unitholders received three (3) shares of Cervus Equipment Corporation for each two (2) Cervus LP Units held as at the Effective Date.
CERVUS EQUIPMENT CORPORATION
ORGANIZATIONAL STRUCTURE
Cervus Equipment Corporation was recognized as a TSX Venture 50® company in 2010.
TSX Venture 50 is a trade-mark of TSX Inc. and is used under license.
The TSX Venture 50® are the top 10 companies listed on the TSX Venture Exchange, in each of five major industry sectors – mining, oil & gas, technology & life sciences, diversified industries and clean technology – based on a ranking formula with equal weighting given to return on investment, market cap growth, trading volume and analyst coverage. All data was as of December 31, 2009.
The information posted on this site was accurate at the time of posting, but may be superseded by
subsequent disclosures.
